We have seen a lot of electric vehicles in Kenya, and while their use cases are limited to the hospitality industry – especially for hotels that use them to ferry their customers around Nairobi, other organizations and some people have started embracing them. This development is still in the early stages considering that cars are very expensive in Kenya.
This week, lender NCBA acquired two hybrid electric vehicles (HEVs) from CFAO Mobility Kenya as part of its “Change the Story” initiative.
These vehicles combine an electric motor with a gasoline engine to enhance performance and reduce environmental impact.
NCBA aims to cut direct emissions and adopt green technologies. The Bank has committed to mobilising KES 30 billion for green financing by 2030 and plans to plant 10 million trees by the same year.
NCBA also invests KES 100 million annually in community projects as part of its sustainability strategy.
“We are excited to take this significant step towards achieving our sustainability goals. Our commitment to reducing direct emissions and adopting green technologies underscores our dedication to creating positive environmental change,” said Mr Isaac Owila, NCBA’s Ag. Group Director technology and operations. “By setting an example in the adoption of sustainable practices, we not only meet our operational objectives but also enhance our brand reputation.”
